Pharmacy Business Analyst, 340B, Winston Campus
About The Position
Department: 38440 Wake Forest Baptist Medical Center - Pharmacy: Contract Status: Full time Benefits Eligible: Yes Hours Per Week: 40 Schedule Details/Additional Information: M-F, 8-430 Pay Range $33.05 - $49.60 Major Responsibilities: Works with the pharmacy supply chain managers, pharmacy operations and drug use policy staff to identify, quantify and source medications on critical shortage. Identifies, implements and/or documents the financial impact of drug utilization, drug cost reduction initiatives and revenue enhancement initiatives. Participates with and assists pharmacy automation and information technology upgrades to manage and maintain formulary database and informatics. Supports the system pharmacy department management team to formulate ideas, analyze problems, and develop and implement solutions to ultimately improve patient care and promote fiscal responsibility. Effectively communicates with teammates throughout the Advocate system and externally to gather necessary information for conducting analysis and making informed and appropriate recommendations. Produces reports and analyses. Ensures that output is accurate and timely. Capable of synthesizing large volumes of data and drawing summary conclusions. Able to create graphic visualizations to effectively communicate conclusions to a broad audience. Serves as a pharmacy analyst resource in the specialized area to relevant Advocate teammates located in hospitals, clinics, retail pharmacies and home infusion. Specific to 340B Pharmacy Analysts Ensures compliance with the 340B Drug Discount Program through an audit process. Using specialized software, maintains the inventory accumulators that allow Advocate Health’s disproportionate share hospitals, eligible hospital outpatient clinics and contract pharmacies to access the 340B Drug Discount Program Specific to Pharmacy Business Office Analysts. Assists with period-end accounting close processes. Produces data reports to support accounting entries.
Requirements
- Bachelor’s degree in business or related field. Experience may be considered in lieu of a degree.
- Typically requires 2 years of experience in business operations, analytics, and/or purchasing systems.
- Must be proficient in the use of Microsoft Office (Excel, Access, PowerPoint and Word) or similar products.
- Excellent interpersonal, organizational, problem solving and communication skills (oral and written, group, and one-on-one).
- Extensive knowledge of statistical methods, data analysis and presentation.
- Ability to work on multiple tasks, set appropriate priorities, and accomplish assignments in a thorough and timely fashion.
- Demonstrated ability for analysis, logical thinking, accuracy and concern for detail, and the ability to work with tight deadlines.
- Ability to work independently and to function as a team member when necessary.
Responsibilities
- Works with the pharmacy supply chain managers, pharmacy operations and drug use policy staff to identify, quantify and source medications on critical shortage.
- Identifies, implements and/or documents the financial impact of drug utilization, drug cost reduction initiatives and revenue enhancement initiatives.
- Participates with and assists pharmacy automation and information technology upgrades to manage and maintain formulary database and informatics.
- Supports the system pharmacy department management team to formulate ideas, analyze problems, and develop and implement solutions to ultimately improve patient care and promote fiscal responsibility.
- Effectively communicates with teammates throughout the Advocate system and externally to gather necessary information for conducting analysis and making informed and appropriate recommendations.
- Produces reports and analyses.
- Ensures compliance with the 340B Drug Discount Program through an audit process.
- Assists with period-end accounting close processes.
- Produces data reports to support accounting entries.
Benefits
- Paid Time Off programs
- Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
- Flexible Spending Accounts for eligible health care and dependent care expenses
- Family benefits such as adoption assistance and paid parental leave
- Defined contribution retirement plans with employer match and other financial wellness programs
- Educational Assistance Program
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
1-10 employees
